AUDUSD looks set to continue its bullish push as price gave off a Pin Bar after facing rejection from the 50EMA dynamic resistance. This situation was preceded by the hidden divergence, a completed triangular cycle and a regular divergence. All these point to more bullish movement. If price sustains the break of the descending trend-line, price would aim to reach the 0.9400 area.
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2 comments:
fx180 degrees
forex business may seem easy for those who are professionals, but it is very difficult for lay people who just pursue this world ... a pretty good article. thank you
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